Interesting, the M3 indicator on the daily SPX chart is now
green. Obviously this is a daily chart so we want to see it
green by the end of the day, but just pointing out that it's
green,
please note, this IS NOT a mechanical system, it is simply an
indicator on the Long Term Tools section
Can you kindly post the same chart but for 2009 please and a
more "standard" year such as 2006 so we can see how the combination
of indicators looked in those years?
Just wanted to comment on the great job you guys have been doing
and the hard work you've been putting in with giving us up to the
minute indicator's and information.
Well, it does seem that a lot of the intermediate term
indicators are way, way oversold...and now put/call is very high
today, too....we may see a significant summer rally of the
intermediate nature...or maybe we have seen the bottom for this
decline and it'd be the 2nd Presidential year low....that has
occurred every single time for like the past 100 years as I
recall..there's a low during the second year and then a high the
third year.....
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SPX daily with M3
Posted by matt on 3rd of Jun 2010 at 01:41 pm
Interesting, the M3 indicator on the daily SPX chart is now green. Obviously this is a daily chart so we want to see it green by the end of the day, but just pointing out that it's green,
please note, this IS NOT a mechanical system, it is simply an indicator on the Long Term Tools section
Fantastic work again to keep
Posted by skorheim on 3rd of Jun 2010 at 10:18 pm
Fantastic work again to keep us in the trend!
Small shoulder formation then POW, the Death begins! I have noticed the 5-3 summation RSI turning up, and the Red Stoch line cross, but just barely!!!
Matt Can you kindly post the
Posted by vimal on 3rd of Jun 2010 at 05:23 pm
Matt
Can you kindly post the same chart but for 2009 please and a more "standard" year such as 2006 so we can see how the combination of indicators looked in those years?
Regards
Vimal
Here's the end of day
Posted by matt on 3rd of Jun 2010 at 04:13 pm
Here's the end of day chart. However as you know, it actually went green mid day when the market was down, before the bounce
Matt -- Thanks for posting
Posted by puma on 3rd of Jun 2010 at 05:15 pm
Matt -- Thanks for posting the EOD M3.
Indicator's
Posted by vdonato on 3rd of Jun 2010 at 04:47 pm
Just wanted to comment on the great job you guys have been doing and the hard work you've been putting in with giving us up to the minute indicator's and information.
Great stuff!!
Thanks
Matt -- thanks for posting the change in M3 -- please keep us updated at the close
Posted by puma on 3rd of Jun 2010 at 02:14 pm
Thanks Matt for posting the
Posted by ditch on 3rd of Jun 2010 at 04:00 pm
Thanks Matt for posting the current chart.
light vol
Posted by law6 on 3rd of Jun 2010 at 02:05 pm
holding it up?
Interesting..
Posted by burkmere on 3rd of Jun 2010 at 01:59 pm
Well, it does seem that a lot of the intermediate term indicators are way, way oversold...and now put/call is very high today, too....we may see a significant summer rally of the intermediate nature...or maybe we have seen the bottom for this decline and it'd be the 2nd Presidential year low....that has occurred every single time for like the past 100 years as I recall..there's a low during the second year and then a high the third year.....